Adobe Inc. (NASDAQ:ADBE) will release earnings for its second quarter after the closing bell on Thursday, June 11.
Analysts expect the San Jose, California-based company to report quarterly earnings of $5.82 per share, up from $5.06 per share in the year-ago period. The consensus estimate for Adobe’s quarterly revenue is $6.45 billion (it reported $5.87 billion last year), according to Benzinga Pro.
The company has beaten analyst estimates for revenue in 13 straight quarters.
Adobe shares fell 1.9% to close at $233.38 on Wednesday.
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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying ADBE stock? Here’s what analysts think:
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